House Oversight Committee Chairman James Comer said his panel has uncovered evidence that Joe Biden, in 2018, received a \u2018$200,000 direct payment\u2019 from his brother James Biden and sister-in-law Sara Biden, and is demanding the president answer questions about \u2018financial arrangements\u2019 with members of his family.<\/p>\n
Comer, R-Ky., has been leading an investigation into the Biden family\u2019s business dealings since January and whether President Biden was involved in those ventures or \u2018personally benefited\u2019 from them.<\/p>\n
Comer, in September, issued three subpoenas for the personal and business bank records belonging to both Hunter Biden and James Biden.<\/p>\n
Comer, in a video posted to \u2018X,\u2019 formerly known as Twitter, detailing his committee\u2019s latest findings. Comer said the check was written by James Biden to President Biden as a \u2018loan repayment,\u2019 but questioned the timing.<\/p>\n
\u2018Bank records obtained by the House Committee on Oversight and Accountability have revealed a $200,000 direct payment from James and Sara Biden to Joe Biden in the form of a personal check,\u2019 Comer states.<\/p>\n
Comer explains that in 2018, James Biden \u2018received $600,000 in loans from Americore \u2014a financially distressed and failing rural hospital operator.\u2019\u00a0<\/p>\n
\u2018According to bankruptcy court documents, James Biden received these loans based upon representations that his last name Biden, could open doors; and that he could obtain a large investment from the Middle East based on his political connections,\u2019 Comer said.<\/p>\n
\u2018On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden\u2019s personal bank account\u2014not their business bank account,\u2019 he continued. \u2018And then, on the very same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden.\u2019<\/p>\n
Comer said James Biden \u2018wrote this check to Joe Biden as a \u2018loan repayment.\u2019\u2019<\/p>\n
\u2018Americore\u2014a distressed company\u2014loaned money to James Biden who then sent it to Joe Biden,\u2019 Comer said.<\/p>\n
But Comer said even if the payment was \u2018a personal loan repayment, it\u2019s still troubling that Joe Biden\u2019s ability to be paid back by his brother depended on the success of his family\u2019s shady financial dealings.\u2019<\/p>\n
\u2018Some immediate questions President Biden must answer for the American people: Does he have documents proving he lent such a large sum of money to his brother and what were the terms of such financial arrangement?\u2019 Comer asked. \u2018Did he have similar financial arrangements with other family members that led them to make similar large payments to him?\u2019<\/p>\n
Comer also demanded Biden answer whether he knew that the same day he received the $200,000 check, \u2018James Biden had just received a loan for the exact same amount from business dealings with a company that was in financial distress and failing.\u2019<\/p>\n
\u2018The House Oversight Committee will soon announce our next investigative actions and continue to follow the money,\u2019 he said. \u2018The bank records don\u2019t end here. There is more to come.\u2019<\/p>\n
But White House spokesperson for oversight and investigations Ian Sams told Fox News Digital that the committee has \u2018turned up zero evidence of wrongdoing by President Biden\u2013and that\u2019s because there is none.\u2019\u00a0<\/p>\n
\u2018As even some House Republicans themselves have said, this is \u2018failure theater\u2019 that is intended to be a \u2018shiny object\u2019 to distract people from how they are incapable of doing the basics of governing,\u2019 Sams said. \u2018It\u2019s no coincidence they rushed out a new distraction mere minutes after yet another failed Speaker vote.\u2019\u00a0<\/p>\n
\u2018Instead of getting their act together and doing the work of the American people, they are pushing out more false smears against President Biden \u2013 despite their own evidence yet again debunking their false claims. After rummaging through thousands of pages of a private citizen\u2019s bank records, they have again turned up zero evidence of wrongdoing by President Biden \u2013 and that\u2019s because there is none,\u2019 Sams continued. \u2018President Biden didn\u2019t do anything wrong.\u2019\u00a0<\/p>\n
Sams said that the investigation \u2018has become a self-debunking wild goose chase that\u2019s only turning up evidence that President Biden did nothing wrong.\u2019\u00a0<\/p>\n
\u2018House Republicans need to look in the mirror, realize there are real issues that need to be addressed in this country, elect a Speaker, get to work for the American people \u2013 and stop these silly political stunts,\u2019 he said.\u00a0<\/p>\n
Ultimately, the White House said, the committee found that as a private citizen, the president loaned his brother his own money when his brother needed it, and after reviewing bank records, there is record that he was repaid.\u00a0<\/p>\n
Committee Ranking Member Jamie Raskin, D-Md., blasted Comer and the GOP investigation.<\/p>\n
\u2018As everyone knows, Committee Republicans have uncovered no evidence of wrongdoing by President Biden, and, last month, even their hand-picked witnesses at their first impeachment hearing testified that they saw no evidence of a crime, much less an impeachable one,\u2019 Raskin said. \u2018Nothing has changed. The more than 1,400 pages of additional bank records just show what these witnesses and thousands of prior pages of records have already established:\u00a0 that the President was not involved in and did not profit from his family members\u2019 business ventures.\u00a0These records actually show that President Biden was the one who stepped in to help family members when they needed support, including by providing short term loans to his brother.<\/p>\n
\u2018Committee Republicans\u2019 most recent subpoenas are comically abusive in their breadth and scope, blindly seeking a decade\u2019s worth of private citizens\u2019 financial records. While not a single transaction shows any wrongdoing by the President, they do reveal personal transactions of the President\u2019s family members that have no relevance to any legitimate congressional inquiry, including payments for things like groceries, vet visits, and plumbing repairs, and include multiple college savings accounts and one youth bank account for grandchildren of the President.\u00a0 It\u2019s time to end this embarrassing and privacy-violating wild goose chase.\u2019<\/p>\n
Comer\u2019s claims come amid his months-long investigation. Comer, alongside House Judiciary Committee Chairman Jim Jordan, R-Ohio, and House Ways & Means Committee Chairman Jason Smith, R-Mo., is leading the House impeachment inquiry against Biden.\u00a0<\/p>\n
So far, during his committee\u2019s investigation, Comer said he has found that Biden family members, their business associates and their \u2018related companies\u2019 received \u2018significant payments from individuals and companies in China, Russia, Ukraine, Kazakhstan, and Romania.\u2019<\/p>\n
Comer said the House Oversight Committee has learned throughout its investigation that the Biden family and their business associates brought in more than $24 million between 2014 and 2019 by \u2018selling Joe Biden as \u2018the brand\u2019 around the world.\u2019<\/p>\n
Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.<\/p>\n<\/div>\n<\/div>\n
House Oversight Committee Chairman James Comer said his panel has uncovered evidence that Joe Biden, in 2018, received a \u2018$200,000 direct payment\u2019 from his brother James Biden and sister-in-law Sara Biden, and is demanding the president answer questions about \u2018financial arrangements\u2019 with members of his family. Comer, R-Ky., has been leading an investigation into the <\/p>\n","protected":false},"author":0,"featured_media":10397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-10396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"_links":{"self":[{"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/posts\/10396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/comments?post=10396"}],"version-history":[{"count":0,"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/posts\/10396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/media\/10397"}],"wp:attachment":[{"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/media?parent=10396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/categories?post=10396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shareperformanceinsight.com\/index.php\/wp-json\/wp\/v2\/tags?post=10396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}